STRATEGY STUDIO / PUBLIC DATA EXPLORER

HOT RODDERS OF TOMORROW FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
HOT RODDERS OF TOMORROW FOUNDATION INC (EIN 46-2553138)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-11
IRS object ID
202243159349304979
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-11T15:05:55-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363543122PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RICK L BLANCHETTE CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1176 S DIXIE HWYAddressLine1Txt
CityST ANNECityNm
State AbbreviationILStateAbbreviationCd
ZIP60964ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462553138EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOT RODDERS OF TOMORROWBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHOTRBusinessNameControlTxt
Phone8157276331PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1207 N SCOTT STAddressLine1Txt
CityJOLIETCityNm
State AbbreviationILStateAbbreviationCd
ZIP60432ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES BINGHAMPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8157276331PhoneNum
Signature2022-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMESPersonFirstNm
Person LastBINGHAMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICK BLANCHETTEPreparerPersonNm
PTINP00352324PTIN
Phone8154276200PhoneNum
Preparation2022-11-11PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES BINGHAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1207 N SCOTT STAddressLine1Txt
CityJOLIETCityNm
State AbbreviationILStateAbbreviationCd
ZIP60432ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$89,351GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HOTRODDERSOFTOMORROW.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionAUTOMOTIVE EDUCATION OF STUDENTSActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$1,700CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$246,172PYOtherRevenueAmt
CY Other Revenue$87,651CYOtherRevenueAmt
PY Total Revenue$246,172PYTotalRevenueAmt
CY Total Revenue$89,351CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$30,456PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$16,189CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$185,740PYOtherExpensesAmt
CY Other Expenses$51,402CYOtherExpensesAmt
PY Total Expenses$216,196PYTotalExpensesAmt
CY Total Expenses$67,591CYTotalExpensesAmt
PY Revenues Less Expenses$29,976PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$21,760CYRevenuesLessExpensesAmt
Total Assets BOY$69,818TotalAssetsBOYAmt
Total Assets EOY$93,950TotalAssetsEOYAmt
Total Liabilities BOY$133TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,505TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$69,685NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$91,445NetAssetsOrFundBalancesEOYAmt
MissionAUTOMOTIVE EDUCATION OF STUDENTSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$58,500ExpenseAmt
DescAUTOMOTIVE EDUCATION ORGANIZATIONDesc
Total Program Service Expenses$58,500TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRODNEY BINGHAMPersonNm
Phone8157276331PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1580 W DAISY PLAddressLine1Txt
CityCOAL CITYCityNm
State AbbreviationILStateAbbreviationCd
ZIP60416ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAMES BINGHAM
PRESIDENTYes (X)Yes (X)$0$0$0
LINDA BINGHAM
SECRETARYYes (X)$0$0$0
RODNEY BINGHAM
TREASURERYes (X)Yes (X)$0$0$0
THOMAS BEGLER
DIRECTORYes (X)$0$0$0
CHARLIE BEGLER
DIRECTORYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$1,700AllOtherContributionsAmt
Total Contributions$1,700TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
SEMA ACCESS$70,472$70,472
SPONSORSHIP INCOME$17,179$17,179
FieldValueIRS element (for citing)
Other Revenue Total$87,651OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$89,351TotalRevenueColumnAmt
Exclusion$87,651ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$15,000ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,189TotalAmt
Program Services$1,189ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,540TotalAmt
Management And General$4,540ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,185TotalAmt
Program Services$4,185ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,500TotalAmt
Management And General$2,500ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
HROT ENGINE CHALLENGE$30,411$30,411
OPERATIONS$6,767$6,767
BUSINESS REG/FEES$2,051$2,051
MEMBERSHIP DUES/OTHER$714$714

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$234TotalAmt
Program Services$234ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$67,591TotalAmt
Program Services$58,500ProgramServicesAmt
Management And General$9,091ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$52,919BOYAmt
EOY$73,011EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$7,179EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$29,488LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$15,728LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,899BOYAmt
EOY$13,760EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$69,818BOYAmt
EOY$93,950EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$133BOYAmt
EOY$2,505EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$133BOYAmt
EOY$2,505EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$69,685BOYAmt
EOY$91,445EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$69,685BOYAmt
EOY$91,445EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$69,818BOYAmt
EOY$93,950EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$21,760ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$75,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,768CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,643CurrentTaxYearMinus2YearsAmt
Current Tax Year$1,700CurrentTaxYearAmt
Total$95,111TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$198,475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$279,893CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$277,542CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$246,172CurrentTaxYearMinus1YearAmt
Current Tax Year$87,651CurrentTaxYearAmt
Total$1,089,733TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$273,475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$284,661CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$291,185CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$246,172CurrentTaxYearMinus1YearAmt
Current Tax Year$89,351CurrentTaxYearAmt
Total$1,184,844TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,184,844PublicSupportTotal509Amt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$35,983CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,752CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$387CurrentTaxYearMinus2YearsAmt
Total$86,122TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$309,458CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$334,413CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$291,572CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$246,172CurrentTaxYearMinus1YearAmt
Current Tax Year$89,351CurrentTaxYearAmt
Total$1,270,966TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.93220PublicSupportCY509Pct
Public Support PY5090.93850PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$29,488OtherCostOrOtherBasisAmt
Depreciation$15,728DepreciationAmt
Book Value$13,760BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,760TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, PART I, LINE 6VOLUNTEERS PROVIDE VARIOUS SERVICES RELATED TO THE AUTOMOTIVE EDUCATION OF STUDENTS
FORM 990, PAGE 6, PART VI, LINE 2JAMES BINGHAM RODNEY BINGHAM PRESIDENT TREASURER FATHER/SON JAMES BINGHAM LINDA BINGGAM PRESIDENT SECRETARY HUSBAND/WIFE THOMAS BEGLER CHARLIE BEGLER DIRECTOR DIRECTOR BROTHERS
FORM 990, PAGE 6, PART VI, LINE 7ABOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING FOR A THREE YEAR TERM. WHENEVER A BOARD MEMBER VACANCIES OCCURS, IT CAN BE FILLED BY A MAJORITY OF REMAINING BOARD MEMBERS APPOINTING A SUCCESSOR TO SERVE THE UNEXPIRED TERM OF THE DIRECTOR WHOSE PLACE IS VACANT.
FORM 990, PAGE 6, PART VI, LINE 7BDECISIONS ARE MADE BY A MAJORITY VOTE OF PRESENT BOARD MEMBERS AT REGULARLY SCHEDULED MEETINGS
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990, AFTER BEING PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT, IS PRESENTED PRESENTED TO AND REVIEWED BY THE OFFICERS AND THEN PRESENTED TO THE FULL BOARD FOR APPROVAL AT WHICH TIME IT IS SENT IN ELECTRONICALLY BY THE CPA
FORM 990, PAGE 6, PART VI, LINE 12CALL BOARD MEMBERS ENFORCE THE CONFLICT OF INTEREST POLICY
FORM 990, PAGE 6, PART VI, LINE 15BCOMPENSATION OF OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE APPROVED BY THE BOARD OF DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 19UPON REQUEST